Clime expands retail offer
Wealth management solutions provider, Clime Investment Management has announced a decision to expand its retail offering by adding four new investment portfolios via the OpenInvest platform.
The new offering would provide retail investors with an opportunity to invest in:
- Defensive income;
- Sustainable income;
- Robust growth; and
- Maximum growth.
Clime, which would be the seventh manager joining OpenInvest platform, said the move would enhance the opportunity for investors to browse and research the investment styles.
“It’s becoming quite evident that self-directed investors, and especially self-managed super fund (SMSF) trustees, want ease of access to professional investment managers, and that is what the OpenInvest platform offers,” Clime’s chief executive, Rob Bristow, said.
“To date, our primary focus has been in the wholesale and sophisticated investor market spaces, and our presence on the OpenInvest platform gives us an opportunity to extend our service offering to the retail market, responding to investor demand for quality investment solutions provided by market specialists.”
AUTHOR
Oksana Patron
Recommended for you
VanEck is expanding its fixed income range with a new ETF this week to complement its existing subordinated debt strategy which has received $1 billion in inflows this year.
Specialist global equities manager Nanuk has celebrated 10 years of its flagship New World Fund and is actively considering its next possible vehicle.
Australian equities manager Datt Capital has built a retail-friendly version of its small-cap strategy for advisers, previously only available for wholesale investors.
The dominance of passive funds is having a knock-on effect on Australia’s M&A environment by creating a less responsive shareholder base, according to law firm Minter Ellison.
